NYK goes to domestic yard for latest CTV newbuild
Splash 24/7 » Asia
by Adis Ajdin
4h ago
Nippon Yusen Kaisha (NYK) has contracted Kosaba Shipbuilding for a crew transfer vessel newbuild, the first CTV order the Japanese line has placed at a domestic yard. The vessel, delivering in late 2025 or 2026, will be the third CTV owned by NYK and the company’s second owned unit deployed to support the Japanese offshore ..read more
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SeaLead Shipping gets new owners
Splash 24/7 » Asia
by Adis Ajdin
2d ago
Singapore-based liner operator SeaLead Shipping has been taken over by a group of four investors who have appointed an interim boss, with Henry Schmidl exiting the company. Established in 2017, Sea Lead is ranked 16th by Alphaliner. The company operates a fleet of 32 chartered-in ships on services that link Asia to the Indian Subcontinent ..read more
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Great Eastern Shipping expands fleet with MR product tanker
Splash 24/7 » Asia
by Bojan Lepic
2d ago
Indian owner Great Eastern Shipping has bought a 2010-built MR product tanker of about 49,999 dwt. The vessel is expected to join the company’s fleet by the first quarter of the financial year 2025. According to Great Eastern Shipping, the proposed ship will be financed entirely from internal accruals. The purpose of the acquisition is ..read more
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Crew evacuated from sinking general cargo ship off South Korea
Splash 24/7 » Asia
by Adis Ajdin
5d ago
A crew of 11 seafarers were evacuated from a Korean general cargo vessel taking on water in rough weather near Jeju Island. The Korean Coast Guard received a distress call from the flooded 3,600 dwt ship on Thursday around 21.55 hrs local time. A helicopter and a security vessel were dispatched and located the vessel ..read more
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Solvang presses ahead with landmark CCS retrofit
Splash 24/7 » Asia
by Sam Chambers
5d ago
Singaporean yard giant Seatrium has secured the world’s first full-scale, turnkey carbon capture and storage (CCS) retrofit from Norway’s Solvang. The full-scale retrofit of a 7MW Wärtsilä CCS system will be carried out on Solvang’s 21,289 cu m ethylene carrier, Clipper Eris, scheduled to commence in the third quarter of this year. The project will ..read more
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K Line buys French kite manufacturer
Splash 24/7 » Asia
by Sam Chambers
5d ago
The biggest client of a ship kite system originally developed by Airbus has become such a fan that it has bought the company. Japan’s Kawasaki Kisen Kaisha (K Line), via a newly created French subsidiary called Oceanicwing, has bought out Airseas, the manufacturer of the Seawing automated kite system. K Line claimed today that Seawings ..read more
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Aker Solutions, Principle Power score work on Korean 1GW floating wind project
Splash 24/7 » Asia
by Bojan Lepic
6d ago
Copenhagen Infrastructure Partners (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations for the Haewoori 2 and 3 offshore wind projects off South Korea . As part of the scope, Aker Solutions will coordinate the design and delivery of the floating foundation structures required ..read more
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Orix in $2bn deal to take over Osaka’s largest shipowner
Splash 24/7 » Asia
by Sam Chambers
6d ago
Japanese financial services company Orix Corporation has bought Osaka’s largest shipowner, Santoku Senpaku, in a deal valued at $2bn. The deal, expected to go through by the end of next month, will see 67 ships, predominantly bulk carriers plus some car carriers and container vessels, change hands. Santoku Senpaku was established in 1972 by Masashi ..read more
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MOL completes carbon insetting pilot from net zero voyage
Splash 24/7 » Asia
by Bojan Lepic
6d ago
Japan’s Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with 123Carbon by tokenising the GHG emission reductions from the net zero voyage fuelled by bio-methanol. This allows MOL to allocate the GHG emission reductions from the use of bio-methanol to customers considering Scope 3 reductions from maritime transport services, based on the Market-Based Measures ..read more
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Sumitomo Heavy exits commercial shipbuilding
Splash 24/7 » Asia
by Adis Ajdin
1w ago
Japanese shipyard Sumitomo Heavy Industries Marine & Engineering has decided to stop taking new orders for commercial vessels. The yard in Yokosuka, best known for its aframax tankers, will exit the business after completing its current newbuilding backlog. The parent company, Sumitomo Heavy Industries, said it has found it challenging to sustain the shipbuilding business ..read more
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